Financial Statement

Comparative Summary Of Financial Environment Liliana Varela HCS/577 April 2, 2012 Destiny subgenus Chen Health help monetary environments exit in threesome types of musical arrangements. These system of ruless are: a) Not-for-Profit, b) For-Profit, and C) political sympathies. A non- earnings organizations main purpose is to bring to pass a delegating rather than focusing on fashioning a profit. The mission aims at helping the people in the community. virtuoso non profit organization is the terra firma imaginativeness launching. The creative activity tidy sum foundations main goal is to return children around the land with food, shelter, medicine, and education. Dr. Bob Pierce began beingness Vision to help children deprive in the Korean War. To provide long-term, on-going care for children in crisis, World Vision developed its beginning(a) child sponsorship program in Korea in 1953 (World Vision sack up site). The monetary structure of this particular(prenominal) non profit organization rest of grants, private citizens donations, and donations from other corporations. It as well as receives financial help from government agencies. For example, The United States Agency for planetary Development (USAID). This agency provides financial aid to the World Vision organization.

The financial policies of this organization straight off explain how each(prenominal) dollar is contributing to the realization of a project (education, food, clothing, medicine, etc.). The financial support is divided into three part: a) 85% of the impart revenue goes directly to programs, b) 10% of! run expenses goes to fundraising, and c) the remaining 5% keeps management and general overhead secondary and effectively running. World Visions objective for financial liquidity and reserves is to operate within a wise range of stability, enchantment recognizing the imperative of distributing maximum funds to mission as apace as possible (World Vision financial highlights). A not-for- profit organization differs from a for- profit organization in the fashion each company sees its...If you want to make it a teeming essay, order it on our website: OrderCustomPaper.com

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